International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Success Factors of Successful Microcredit Entrepreneurs: Empirical Evidence from Malaysia
A.H.Fatimah-Salwa, A. Mohamad-Azahari, B. Joni-Tamkin

The aims of the current paper are twofold: first, to explore the profile of successful microcredit entrepreneurs; second, to examine the key factors contributing to the success. The sample of this study comprises 250 entrepreneurs who joined the scheme of I-Wawasan in Perak. In this study, the total assets owned which is employed to measure success of microcredit entrepreneurs is used as the dependent. The independent variables that measure success factors however comprises the total amount of microcredit financing, education, government support and experience. The result of multiple regression (stepwise) indicated that, all the factors related to the success of microcredit entrepreneurs are significant. This suggests that, those factors are important element towards the success of microcredit entrepreneurs. All the other three variables are positively related to success of microcredit entrepreneurs with the exception of experience which was negatively related. Some recommendations are proposed along with some limitation of the study.

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